L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 5 years by 5.41% on an annualized basis.
Buying $1,000 In LHX: 5 years ago, an investor could have purchased 8.90 shares of L3Harris Technologies at the time with $1,000. This investment in LHX would have produced an average annual return of 17.69%. Currently, L3Harris Technologies has a market capitalization of $49.05 billion.
L3Harris Technologies's Share Price Over Last 5 Years
This $1,000 investment would be worth $2,262.31 today based on a price of $254.08 for LHX at the time of writing.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
